No results for ‘’
Rites Ltd
₹218.09
(0.58%)
Mon, 27 Jul 2026, 06:25 pm
Commercial Services
Miscellaneous Commercial Services
24.5KRites Return on Equity (ROE) History
| Particulars | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings ratio | 0 | 0 | 0 | 0 | 0 | 0 | 11.03 | 9.98 | 13.72 | 12.23 | 15.72 | 35.05 | 27.91 |
| Price to book ratio | 0 | 0 | 0 | 0 | 0 | 0 | 2.14 | 2.34 | 2.42 | 2.54 | 3.27 | 6.12 | 4.07 |
| Price to sales ratio | 0 | 0 | 0 | 0 | 0 | 0 | 2.53 | 2.48 | 3.19 | 2.40 | 3.28 | 6.53 | 4.92 |
| Price to cash flow ratio | 0 | 0 | 0 | 0 | 0 | 0 | 18.73 | 14.24 | 9.81 | 17.04 | 13.97 | 31.74 | 15.50 |
| Enterprise value | 0 | 0 | 0 | 0 | 0 | 0 | 1794Cr | 2553Cr | 2587Cr | 3073Cr | 5170Cr | 12942Cr | 7462Cr |
| Enterprise value to EBITDA ratio | 0 | 0 | 0 | 0 | 0 | 0 | 2.97 | 3.72 | 4.59 | 4.31 | 6.85 | 19.68 | 14.81 |
| Debt to equity ratio | 0 | 0 | 0 | 0.06 | 0.04 | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 | 0 | 0 | 0 |
| Return on equity % | 0 | 19.60 | 20.13 | 15.91 | 18.10 | 16.09 | 20.26 | 24.37 | 17.21 | 21.16 | 21.29 | 17.47 | 14.66 |
Rites Ltd Return on Equity
The Rites Ltd Return on Equity is a key financial metric used by investors to evaluate Rites Ltd's valuation, profitability, and overall financial performance. Tracking the Rites Ltd Return on Equity helps investors understand whether the stock is undervalued, fairly valued, or trading at a premium compared to its historical performance and industry peers.
Rites Ltd (NSE: RITES, BSE: 541556) is currently trading at ₹218.09, with a market capitalization of ₹10489.18Cr. As a leading company in the Commercial services sector and Miscellaneous commercial services industry, monitoring the Rites Ltd Return on Equity is essential for fundamental analysis.
Rites Ltd Return on Equity Current Value
The current Rites Ltd Return on Equity stands at 14.66.
The Rites Ltd Return on Equity has declined compared to earlier levels, suggesting improved fundamentals or more attractive valuation.
Rites Ltd Return on Equity Historical Trend
The Rites Ltd Return on Equity has shown the following historical trend:
- 2024: 14.66
- 2023: 17.47
- 2022: 21.29
- 2021: 21.16
- 2020: 17.21
The decline in Rites Ltd Return on Equity indicates improving financial efficiency or better earnings growth.
What Rites Ltd Return on Equity Indicates for Investors
The Rites Ltd Return on Equity plays a crucial role in understanding the company's financial health and valuation.
ROE indicates how efficiently the company generates returns for shareholders.
Rites Ltd Return on Equity Analysis Summary
The Rites Ltd Return on Equity remains a crucial metric for evaluating the company's valuation and financial stability. Investors tracking Rites Ltd Return on Equity should also monitor related metrics such as P/E, P/B, EV/EBITDA, D/E, and ROE to get a complete fundamental picture.
Regular tracking of Rites Ltd Return on Equity helps investors make informed decisions based on long-term growth, valuation trends, and financial performance.